Forbes: Men’s Wearhouse Finally Snags Rival, But Jos. A. Bank Is The Real Winner
March 11, 2014
Rapid Ratings scores financial health on a scale from 0(worst) to 100 (best). Jos. A. Bank and Men’s Wearhouse score 69 and 62, respectively. Gellert says both companies have something to gain in the deal. “Neither is generating impressive revenue but both have good margins meaning they are good at cost efficiencies,” he says. The two companies will have a chance to cut costs further after they merge, specifically in their supply chain, Gellert adds.